07 2003 Account Numbet FINANCIAL TRUST COMPANY INC JPMorgan Chase Bank 345 Park Avenue, New York, NY 10154-1002 Asset Account Portfolio July 01. 2003 - July 31. 2003 ffi JPMorgan Private Bank Page. 26 cl 64 natle Stalement Ore Date Cwrency ATOtillf Counter Counter Currency Amman COMMCI Rate RevaktabOn Rate COPIDICIn Date Medge USO ReVallted Memma USD Reallled Gletflost USD Settled Foreign Exchange Contracts continued Dec 12 02 Jul 10 03 SEK 45,617,500.00 USD - 4,975,711.07 9.168036 8.062850 - 4,975,711.07 5,657,738.88 682,027.81 Dec 12 02 Jul 10 03 SEK 45,757,500.00 USD - 4,975,711.07 9.196173 8.062850 - 4,975,711.07 5,675,102.47 699,391.40 Mar 12 03 Jul 10 03 SEK - 91,375,000.00 USD 10,569,698.92 8.644996 8.062850 10,569,698.92 - 11,332,841.36 - 763,142.44 TRADE RELATED EURO CURRENCY - U S DOLLAR Jul 103 Jul 3 03 EUR 10,000,000.00 USD - 11,526,000.00 1.152600 1.152600 - 11,526,000.00 11,526,000.00 N ZEALAND DOLLAR - U S DOLLAR Jul 1 03 Jul 3 03 NZD 17,000,000.00 USD - 10,115,000.00 0.595000 0.595000 - 10,115,000.00 10,115,000.00 Confidential Treatment Requested by JPMorgan Chase CONFIDENTIAL JPN1-SDNY-00030979 SDNY_GM_00300177 EFTA01505994